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Nov 14, 2012
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we will have speaker boehner shortly. nancy pelosi announced that she plans to stay on as the leader of the house democrats and made the announcement at a press briefing and said, quote, i wouldn't think of walking away. we will watch that now while waiting for speaker boehner. >> i think that means most of them are here. good morning. more are coming. more are coming. yesterday, when we gathered here, i began my comments standing here with our new members of congress by saying a picture is worth 1,000 words. that's what they say. i said then and i say now that this picture before you is worth millions of votes. millions of votes. [cheers and applause] >> millions of women's votes that it took to re-elect president obama. millions of women's votes who help us elect a number of women to the congress of the united states. as you look forward, understand that you are looking into the future. the future of empowerment of women in america. you saw some of these faces yesterday among the new members-elect. i said then that they
we will have speaker boehner shortly. nancy pelosi announced that she plans to stay on as the leader of the house democrats and made the announcement at a press briefing and said, quote, i wouldn't think of walking away. we will watch that now while waiting for speaker boehner. >> i think that means most of them are here. good morning. more are coming. more are coming. yesterday, when we gathered here, i began my comments standing here with our new members of congress by saying a picture...
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Nov 14, 2012
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boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good job -- >> looks like he's going to get more political leeway. he doesn't have eric cantor. it seems like there's for trust between the two but, jackie, if the american people had known they not only were re-electing status quo but the same people are in the room that gave us the gridlock, i wonder how that ballot would have turned out. >> i wonder if he said it's going to be the same people in the room, and, you know, a lot of this is going to be theater. we were talking about that for the first couple of days, hopefully not weeks but there will be a lo
boehner and mcconnell still in charge. although they did better and you could argue there's no reason. are you surprised there's not a push to change leaders inside your party even if it's just the face of the party a little bit? >> it's difficult. within the house there is -- i think there will be a battle for the conference chair. >> but it's a -- >> i'm surprised, yeah, but at the same time, we need strong leadership and a strong speaker and i think boehner can do a good...
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Nov 17, 2012
11/12
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you can imagine going through the negotiations and at the end of december boehner and mcconnell saying let's keep the tack cuts in place while we continue to negotiate. the president has to be firm. >> i completely agree with everything you just said. boehner after the meeting hinted he would be wiling to kick the can down the road and have the temporary solution. >> yeah. >> what would that mean for the markets? what would that mean for his caucus. do you think that's the most likely sceneario? >> the most positive is that some how they reach you a template. we are not talking about a full-blown dooley that provides -- it means a new budget resolution ordering the committees to come up with the right revenue and guidelines and the changes in spending before january 1. the second most likely and most positive they can't quite get there but delay for a couple of weeks and thatted -- that will be fine for the markets. if they can't reach it and the president says i'm not going to extend this for three or six months we will go over the cliff and i'll propose my tax cut plan after all the
you can imagine going through the negotiations and at the end of december boehner and mcconnell saying let's keep the tack cuts in place while we continue to negotiate. the president has to be firm. >> i completely agree with everything you just said. boehner after the meeting hinted he would be wiling to kick the can down the road and have the temporary solution. >> yeah. >> what would that mean for the markets? what would that mean for his caucus. do you think that's the...
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Nov 15, 2012
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. >> deirdre walton, cnn, since the elections john boehner has been talking about what to negotiate a deal on the fiscal cliff and says he is open to new revenue and willingness to compromise. i was wondering what you think of his position on this, and if you are right to support him this afternoon? >> i do not know if you are here earlier when i spoke about the 10-1 deal. i want to see where they are willing to cut. olive heard is that the democrats are saying they are not willing to cut anything in. the president had a meeting last night with the labor unions, all of these separate liberal groups. and everyone of those groups to the president that he should not deliver anything on a reforms of our entitlement system, but you should insure the delivers a tax increase. i do not think they are open- minded in any way. i think we need to stop negotiating with ourselves. and we need to wait for the democrats to actually give us an offer that is a real serious offer. we need to stop speaking amongst ourselves. he won the presidency, let him lead. >> i believe that revenue is important par
. >> deirdre walton, cnn, since the elections john boehner has been talking about what to negotiate a deal on the fiscal cliff and says he is open to new revenue and willingness to compromise. i was wondering what you think of his position on this, and if you are right to support him this afternoon? >> i do not know if you are here earlier when i spoke about the 10-1 deal. i want to see where they are willing to cut. olive heard is that the democrats are saying they are not willing...
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Nov 15, 2012
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john boehner on his party should -- parties election. nancy pelosi says she wants to continue to lead a party in the house. all "washington journal tomorrow morning, ron paul. siebel take your questions about tomorrow's hearing -- he will take your questions about tomorrow's hearing. the kaiser family foundation. "washington journal" is live on c-span every day at 7:00 eastern. >> tremendous vice-president for 82 days. -- harry truman was vice president for 82 days. nowadays, the vice president does not bother with that. he was there every day presiding over the senate. it was a transition with a zero knowledge. that does not happen anymore. he got a phone call from the white house. he picked up the phone, at the other end, get to the white house as an issue can. he grabbed his hat. he had a car, of course. he went to the white house and was taken upstairs to the second floor. he upstairs to the second floor. he was met by eleanor roosevelt. she said, the president is dead. he was in total shock. can i do for you? she said, what can we d
john boehner on his party should -- parties election. nancy pelosi says she wants to continue to lead a party in the house. all "washington journal tomorrow morning, ron paul. siebel take your questions about tomorrow's hearing -- he will take your questions about tomorrow's hearing. the kaiser family foundation. "washington journal" is live on c-span every day at 7:00 eastern. >> tremendous vice-president for 82 days. -- harry truman was vice president for 82 days....
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Nov 16, 2012
11/12
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boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment because i've watched him for years, too. my friend have sisters in college, and i guess he's really popular in dorms. >> stephanie: he's dreamy. >> caller: in dorm rooms. people have pictures of him in their dorm rooms. >> stephanie: really? i can't wait to tease him about that. >> caller: politics, i'm just a housewife, and i hear stories about college but we're not there. >> stephanie: he's like a political geek liker beat. >> like shawn cassidy of the political world. >> caller: they were talking about religion on the last sh
boehner. wasn't he tried to get everybody paid off. >> stephanie: from the tobacco companies. >> caller: from the cigarette companies, i mean for years. i've watched politics for years and i mean it was always like a joke two and three years ago always drunk all the time. >> well, yeah. >> caller: you know, a political joke. i've heard people say that. i just want to make a comment. i was watching david schuster the last show, and i can't--i just want to make a comment...
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Nov 19, 2012
11/12
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after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the deductions and loopholes. he is not going to get the people to go along raising rates. there is the rhetoric the president engaged in on the campaign and then there is reality of washington. he is going to have to compromise on that to some degree if he wants a deal. >> chris: so does he have to compromise or do republicans compromise? >> first, i don't understand where the republicans think they have leverage here. you have seen that in tent whichs not just by boehner but people elsewhere. re-knew saying okay, we are going to let there be more revenue. but the pre
after the election, boehner said okay, have some revenue. the president has moved the goalpostsment and said it isn't just revenue. it those be a specific kind. my liberal base -- >> chris: wait. he did mention this once or twice in the campaign. >> but the question is are you going to stick on what you campaign on or find a compromise in the end? if you are looking for votes in congress -- boehner may be able to get enough to go along and do a deal to get revenue from closing the...
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Nov 16, 2012
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two years later, what moment are we in as boehner enters? >> this is a magic moment, i really do. it is a moment when our generation has a chance to do something about this problem that we created. it is our generation that got us into this mess, and we ought to get ourselves out. we got a good chance. you got a second-term democrat president who has come out and said he is willing to put entitlements on the table. big deal. you've got a speaker, a republican speaker, who really gets at, who really understands the depths of the problems we face, and he has come out and said we are going to put revenues on the table. big move. he got at least half the members of the senate already saying they will support a balanced plan, which makes a lot of sense. we have got the business community lined up firmly against -- for doing something smart, and i guess most importantly, we got this fiscal cliff where if we go over it, we are going to face the most predictable economic crisis in history. fortunately for all of us, it is also the most of voidable. this is the magic moment to get somethin
two years later, what moment are we in as boehner enters? >> this is a magic moment, i really do. it is a moment when our generation has a chance to do something about this problem that we created. it is our generation that got us into this mess, and we ought to get ourselves out. we got a good chance. you got a second-term democrat president who has come out and said he is willing to put entitlements on the table. big deal. you've got a speaker, a republican speaker, who really gets at,...
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Nov 17, 2012
11/12
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as we speak, the president is meeting with john boehner, the first face-to-face talk. in december 2010, you called your plan the moment of truth. almost two years later, but moment are we at now? >> i think this is the magic moment. a moment when our generation has the chance to really do something about this problem that we created. it is our generation that got us into this mess. i think we have a good chance. yet a second term democrats president who has come out and said he is willing to put entitlements on the table. big deal. you have a speaker, a republican speaker who really gets it. he understands the deaths of the problems they face. he has said the are going to put revenues on the table. big move. we got half the members of the senate already saying they will support a balanced plan. which makes a lot of sense. we have the business community lined up firmly for doing something. most importantly, we have the fiscal cliff. where if we go over it, we are going to face the most predictable economic crisis in history. for all of us in here, it is also the most av
as we speak, the president is meeting with john boehner, the first face-to-face talk. in december 2010, you called your plan the moment of truth. almost two years later, but moment are we at now? >> i think this is the magic moment. a moment when our generation has the chance to really do something about this problem that we created. it is our generation that got us into this mess. i think we have a good chance. yet a second term democrats president who has come out and said he is willing...
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Nov 14, 2012
11/12
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if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way and that is certainly what president obama has campaigned on protecting a strong middle class, allowing the tax cuts to expire above $250,000, but we can't be afraid to compromise but we can do that without compromising our principles. >> is part of this deal-making that the president wants to start his offer with more from the revenue side, the deal that fell apart, have $800 billion in revenue over ten years, now he might want to start with 1.6 trillion? >> sure, we're just -- let's put this in perspective. we have just over a trillion dollar budget deficit this year. so this part of raising additional reve
if they're going with boehner, it's a sign they'll deal. >> i want to bring in a democrat on both the armed services committee and select committee on intelligence and the fiscal cliff if i might. do you think the republicans will come to play? >> i believe that they will. it's my hope that everyone has gotten the message loud and clear that the american people expect us to compromise, democrats and republicans coming together to solve the fiscal cliff issue but in a balanced way...
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Nov 16, 2012
11/12
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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Nov 12, 2012
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boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms. >>> two weeks after the destruction from hurricane sandy, victims are still trying to put their lives back together. more than 100,000 homes and businesses in new york and new jersey are without electricity, as they struggle to rebuild. a 77-year-old man has died of injuries from a fall, as sandy hit new york, bringing the city's death toll to 43. >>> homeland security janet napolitano met with disaster victims in new york. >>> and now, for a look at the national weather, we turn to bill karins
boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the...
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Nov 15, 2012
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that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today, extremely interesting when president obama was asked about comments from his former opponent, john mccain, who made some nasty comments about susan rice, the united states ambassador to the u.n. and she may well be the head of the state department soon. here's the president responding in a very personal way. i thought this was really a moment here. >> let me say specifically about susan rice. she has done exemplary work. she has represented the united states and united nations with skill and professionalism and tough theness and gr
that's the problem boehner had. if boehner had 35 safe republicans, safe from a primary challenge, safe from somebody from the right on taxes, i think this deal would have happened even a lot sooner. they might have gone ahead and passed parts of -- most of that bill that came through the senate. >> they have to schedule -- the thing about leadership is they have to schedule a bill. that's the tricky part. let's take a look at this. a very interesting moment in the press conference today,...
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Nov 18, 2012
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. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand points? >> everyone is nervous about this. this is kind of the last chance. the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood, but the way they are going to solve this is kind of hostage exchange. in other words, the republicans are determined not to let tax rates go up. the president is determined or is determined to get more revenue. and it's possible to do this. the president is going along, it seems, with some idea of entitlement reform that we are going to actually cut spending. but this is, you know, they are going to have to -- th
. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand...
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Nov 16, 2012
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here's speaker boehner on the chances of cutting a deal. here it is. >> if you've looked closely at what the president had to say and look closely at what i have had to say, you know, there are no barriers here to sitting down and beginning to work through this process. >> ruth conniff, i really don't know what that means. do you? >> it makes me nervous because i don't really want to see us moving that close to boehner. and, you know, it's interesting. i talked to economist dean baker, he's the economist in america who showed that the housing bubble was a threat back in 2002. before it actually popped in 2005. he has a lot of credibility. he said the best deal might be no deal. if obama can go into these negotiations and say this fiscal cliff is not going to impact people on january 2nd, it's recessionary, but he could get the two main things he campaigned on, even if there's no deal, which is an instant hike on the very rich and no touching of social security, medicare and medicaid. then the republicans just as e.j. points out would have t
here's speaker boehner on the chances of cutting a deal. here it is. >> if you've looked closely at what the president had to say and look closely at what i have had to say, you know, there are no barriers here to sitting down and beginning to work through this process. >> ruth conniff, i really don't know what that means. do you? >> it makes me nervous because i don't really want to see us moving that close to boehner. and, you know, it's interesting. i talked to economist...
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Nov 15, 2012
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the president's chief negotiating adversary right now, speaker john boehner who was re-elected by house republicans yesterday said they're not ready to accept the president's proposal because it would, quote, hurt our economy and make jobs more difficult. but he also sounded the kumbaya theme. >> now, i do think that the spirit of cooperation that you've seen over the last week, from myself and my team. from democrats across the aisle. from the president. have created an atmosphere where i think that, i remain optimistic. >> folks, there are a lot closer than sometime the bravadoish headlines seem to make clear. this is really about what can boehner take to 50 to 100 house republicans who are willing to temporarily potentially raise some tax rates on some group of wealthier americans? >>> by the way, after $6 billion spent on house senate and presidential campaign, not only did party control not change for the house, senate and white house. but the individual leaders who will begin the negotiations tomorrow, it's the exact group of people. there are some personnel changes but not on tha
the president's chief negotiating adversary right now, speaker john boehner who was re-elected by house republicans yesterday said they're not ready to accept the president's proposal because it would, quote, hurt our economy and make jobs more difficult. but he also sounded the kumbaya theme. >> now, i do think that the spirit of cooperation that you've seen over the last week, from myself and my team. from democrats across the aisle. from the president. have created an atmosphere where...
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Nov 12, 2012
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boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority -- we won the popular vote if you add up the house races as well. look, i think it's in both parties' interest to avoid the fiscal cliff. neither of them want it for a whole host of reasons, including it will be damaging to the economy. we learned recently that president obama in august of 2011 was kind of ready to do a nixon goes to china moment on entitlements and i think that's still on the table. have real entitlement reform. on taxes it's as bill clinton said. it's simple math. spending is at 24% of gdp. taxes are at about 15% of gdp right no
boehner and his supposed mandate right now? >> well, i think that he said that the election would be a mandate, it was, and he lost. and i think that the important point about the crystal comment is that there's now a wedge in the republican party that the president needs to exploit. there's a wedge between the realist wing and the kind of fa fantasy, childish wing. the realist wing understands the president has a mandate. democrats won the presidency and the senate. we won a majority --...
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Nov 14, 2012
11/12
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what the white house is saying and this matters for these negotiations john boehner's position is he is open to revenue, but not if it includes increasing the top tax rate. he is only doing it through some mystery process of tax reform where you have a large amount of revenue, but still at 35% of the top tax rate or if boehner has his druthers, have a lower tax rate maybe 28% as in simpson-bowles. the white house doesn't think the math will work out. they believe even when it can, you have to do such radical things like eliminating charitable deduction at the top brackets entirely it wouldn't be worth doing if you could. their view it is not a compromise to say in a future tax reform process you're going to get that money, they're not going to sign anything that doesn't include the top tax rate going up at the end of december. >> justin you were in the room with the president today. can you confirm that quote that the huffington post has, i am not going to budge, i said in 2010 i'm going to do this once and i meant it? >> i actually don't remember if those are his exact words, and al
what the white house is saying and this matters for these negotiations john boehner's position is he is open to revenue, but not if it includes increasing the top tax rate. he is only doing it through some mystery process of tax reform where you have a large amount of revenue, but still at 35% of the top tax rate or if boehner has his druthers, have a lower tax rate maybe 28% as in simpson-bowles. the white house doesn't think the math will work out. they believe even when it can, you have to...
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Nov 13, 2012
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. >> reporter: diane sawyer asked speaker boehner if you were now the leader of the republican party and his answer was, oh, i wouldn't think so, paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role now, position wonk? >> i've always been one of the house policy wonks my role is to continue to be a champion of ideas and help our party be the reform party. >> reporter: ryan says he unplugged in the days after the campaign. he didn't even hear the news about david petraeus' resignation or questions about its timing until later. instead, he was hunting and spending time with his family. >> you know, the great thing about this last weekend i got to go to both mire boys' basketball games and two of my daughter's volleyball games. >> reporter: an upside to losing. >> reconnection with my family which we're a close family. people got to see our family. i'm excited about getting back to work here. >> reporter: paul ryan's three kids all are in lemonade school and saw a big up side to losing. they get to stay in their school. they were wor
. >> reporter: diane sawyer asked speaker boehner if you were now the leader of the republican party and his answer was, oh, i wouldn't think so, paul ryan is a policy wonk. >> i take that as a great compliment from john. >> reporter: is that your role now, position wonk? >> i've always been one of the house policy wonks my role is to continue to be a champion of ideas and help our party be the reform party. >> reporter: ryan says he unplugged in the days after the...
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Nov 15, 2012
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speaker, speaker boehner actually said it well. he said the mandate from the election of last week is for us to find a way to work together on solutions to the challenges we face as a nation. i can't agree more. elections have consequences and our ability to avert the fiscal cliff in which expiring tax cuts and across the board spending cuts are on the course to derail this economy requires us to respect that directive from voters. yet once again, lines are being drawn. you just heard it. over what types of revenue will be considered or what cuts are considered too steep. i hope was not the only one astounded by the comments of the c.e.o. of the american petroleum institute who recently said, quote, the oil and gas industry will not be singled out for punitive repeat, unquote. how fascinating. perhaps i could introduce him to the federal work force, our federal employees who are so far the only group to be singled out for punitive treatment to the tune of $75 billion of deficit reduction. they understand the principle of shared sac
speaker, speaker boehner actually said it well. he said the mandate from the election of last week is for us to find a way to work together on solutions to the challenges we face as a nation. i can't agree more. elections have consequences and our ability to avert the fiscal cliff in which expiring tax cuts and across the board spending cuts are on the course to derail this economy requires us to respect that directive from voters. yet once again, lines are being drawn. you just heard it. over...
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Nov 20, 2012
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what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty for businesses and individuals. the "wall street journal" had a report out yesterday saying there is so much uncertainty we could slip into another recession over this fiscal cliff. let's hope they can do their jobs for once. bill: you go find beckel, will you? >> it's not my turn to baby sit. we'll find him by 5:00. bill: it takes four you to baby sit him. to our viewers, have you got a question in e-mail us or on twitter @bill hemmer. this is coming up. we have dozens of house republicans formally opposing susan rice's nomination as secretary of
what john boehner did was very, very shrewd. he said to the government, you have been silent on this. we are waiting for your recommendations. you want to make spending cuts? you are open to revenue abduction eliminations, you tell us, mr. president, what you would like. bill: boehner says they were close to doing it last time and the president lost his nerve. but both men are facing the possibility of crossing the threshold of history if they lock arms. >> there is so much uncertainty...
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Nov 15, 2012
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boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending restraints that we need as well as the tax stuff in order to actually get the deficit under control? and i think the betting on that is less than 50%. i think we have a great shot at it. but it's going to be really, really hard. >> is that the view from wall street, too? they're not totally confident that this is going to happen? >> what you see in the stock market at the moment is that wall street is not totally confident. that's for sure. >> all right. steve, thanks so much. >> pleasure. >>> coming up, independent senator-elect of ma
boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending...
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Nov 17, 2012
11/12
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when obama and john boehner said down to negotiate very soon, will the gop give a little on this? will they get enough so we can get a resolution? my guess is no. i do not think the defeat was as clear enough to signal that kind of change. we do see if you people like bill kristol saying why are we [unintelligible] it is not -- the economy did great. there is a belief that there is an automatic relationship between the level of taxation on the wealthy and economic growth. you look back at american history, there is an inverse relationship over the last 80 years between level of economic growth and taxation on the wealthy. what will happen? we might sail over the fiscal cliff. that phrase invented by ben bernanke. but relax. the fiscal cliff is the kind of thing that only exists if washington allows it to happen. washington sometimes seems like a school where the teachers set the deadline and then change them. if we do still over the fiscal cliff, there are little maneuvers the treasury can do to make sure that we do not, even if sequestration actually starts, there are maneuvers t
when obama and john boehner said down to negotiate very soon, will the gop give a little on this? will they get enough so we can get a resolution? my guess is no. i do not think the defeat was as clear enough to signal that kind of change. we do see if you people like bill kristol saying why are we [unintelligible] it is not -- the economy did great. there is a belief that there is an automatic relationship between the level of taxation on the wealthy and economic growth. you look back at...
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Nov 16, 2012
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speaker bane put out the -- speaker boehner is willing to talk, and that's what negotiations are about. i just look at these, the clinton-bush tax cut issues and where you put the rates as a major part of the solution. when you look at the amount of the money you can bring in, and you add that into some of the deductions, but that is a big chunk of change. >> in the press conference, the president left flex the between them. >> they did cross their blackberries, so, you know, clearly, it is showing flexibility which is important. >> this is going to be a congress in which you think we are going, by the end of the year, sorted out the fiscal cliff, confident of that? >> i think we have to sort out part of it with a plan moving forward. i don't think every t will be crossed, but there's doctors reimbursement issues, the estate tax issue to keep exemptions in place where they are now. there are -- there is a number of things that should get done at the end of the year and others extended as long as it's clear there's an end date here, two or three months, whatever we want to do. comprehen
speaker bane put out the -- speaker boehner is willing to talk, and that's what negotiations are about. i just look at these, the clinton-bush tax cut issues and where you put the rates as a major part of the solution. when you look at the amount of the money you can bring in, and you add that into some of the deductions, but that is a big chunk of change. >> in the press conference, the president left flex the between them. >> they did cross their blackberries, so, you know,...
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Nov 14, 2012
11/12
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president, john boehner, harry reid, and senator mcconnell -- you can't do in three and half weeks a half weeks what needs to be done. the next year is that moment of opportunity. and i think the work is being done and i think this will help get a result. >> when he does come back and say, i was disappointed when the president come after simpson-bowles, didn't really embrace it and i don't know that we would've adopted it, but it would have been the least possible. it is because the president has been reelected after a very tough campaign. the republicans have been upset by the results of the campaign and you have the raw personal material for this to work out to everyone's benefit. he is very much smart and very effective. >> inner has to get the votes. he calls for both it only gets a vote on his conference committee has problems of his own. .. >> maybe the world economy would collapse if we didn't deal with it, it was taken tonight house of representatives r and it was defeated, and they timely got it passed after they -- after the market tankedded, and then you had the same crowd
president, john boehner, harry reid, and senator mcconnell -- you can't do in three and half weeks a half weeks what needs to be done. the next year is that moment of opportunity. and i think the work is being done and i think this will help get a result. >> when he does come back and say, i was disappointed when the president come after simpson-bowles, didn't really embrace it and i don't know that we would've adopted it, but it would have been the least possible. it is because the...
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Nov 15, 2012
11/12
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that's going to stay john boehner. they're actually fighting for the number four job in the house. the contest was tom price against one of the precious few republican women in the house, cathy mcmorris rodgers. and there were some interesting politics at work here. miss mcmorris rodgers had the support of speaker john boehner, but tom price had the support of this guy, the republican party's vice presidential nominee, paul ryan. in the end, it was cathy mcmorris rodgers who won. paul ryan's guy lost. and so even as they lose the presidency, thanks to a devastating gender gap in the polls, and at the same time they send even fewer republican women to congress than were there before, republicans did today pick for this small, low-profile national republican number four leadership role an actual woman. and that's the best they've ever done. that's the highest ranking gop woman there has ever been in the house. back over on the senate side, republicans are faced with a dilemma set up for them by john mccain, as i was just discussing with bill burton. john mccain is suggesting that the
that's going to stay john boehner. they're actually fighting for the number four job in the house. the contest was tom price against one of the precious few republican women in the house, cathy mcmorris rodgers. and there were some interesting politics at work here. miss mcmorris rodgers had the support of speaker john boehner, but tom price had the support of this guy, the republican party's vice presidential nominee, paul ryan. in the end, it was cathy mcmorris rodgers who won. paul ryan's...